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POAHY Porsche Automobile Holding SE (PK)

4.47
0.04 (0.90%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Porsche Automobile Holding SE (PK) USOTC:POAHY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.04 0.90% 4.47 4.46 4.47 4.48 4.45 4.4599 936,732 20:59:13

Volkswagen Prepares Porsche IPO -Handelsblatt

07/12/2021 3:56pm

Dow Jones News


Porsche Automobile (PK) (USOTC:POAHY)
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From Jun 2021 to Jun 2024

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--Volkswagen is preparing an initial public offering of its sports-car brand Porsche AG, Handelsblatt reports.

--The Porsche-Piech family is considering buying a significant portion of shares in the new Porsche through its holding company Porsche SE, which controls more than 50% of Volkswagen. To fund the deal, the family could sell part of its stake in Volkswagen, according to Handelsblatt.

--Volkswagen shares are up 6% on the news.

 

Full story in German: https://bit.ly/3pCQhkY

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

December 07, 2021 10:41 ET (15:41 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Porsche Automobile (PK) Chart

1 Year Porsche Automobile (PK) Chart

1 Month Porsche Automobile (PK) Chart

1 Month Porsche Automobile (PK) Chart